The pivot is part of RBC's response to growing pressure to reduce investments in fossil fuels and increase support for sustainable energy.

The Royal Bank of Canada, RBC, overtook a prominent U.S. financial institution, JP Morgan Chase, for the top spot.

Europe’s energy crisis should be a wake-up call for Canada, says an RBC report.

Under the terms of the contract, RBC and its partner will each buy 31,500 MWh of solar power annually.